- Torex Gold Resources reported an adjusted earnings per share (EPS) of 81 cents for the fourth quarter, surpassing the estimate of 60 cents.
- The company generated a revenue of $295.0 million, beating the expected $289.8 million.
- During the period, the total cash costs per ounce were $902.
- The gold all-in sustaining cost per ounce was reported at $1,085.
- Gold production for the quarter amounted to 103,795 ounces.
- Torex Gold Resources achieved cash flow from operations totaling $122.8 million.
- Market sentiment towards Torex Gold is positive with 10 buy recommendations, 1 hold, and no sells.
A look at Torex Gold Resources Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts examining the Smart Scores for Torex Gold Resources have identified a promising long-term outlook for the company. With a high Momentum score of 5, Torex Gold Resources is showing strong performance trends that indicate positive growth potential. Additionally, the company has solid Value at 4, signaling an attractive valuation based on fundamentals. While the Dividend score is lower at 1, Torex Gold Resources compensates with respectable scores in Growth and Resilience, at 3 for each, reflecting a balance between expansion and stability. Overall, these scores suggest that Torex Gold Resources holds promise for investors seeking opportunities in the precious metal sector.
Torex Gold Resources Inc. stands out as a mining company dedicated to exploring and developing precious metal resources, particularly focusing on gold. The company’s flagship Morelos Project, situated in the state of Guerrero, southwest of Mexico City, demonstrates a strong commitment to advancing gold exploration in a strategic location. With a mix of strong Momentum, Value, and moderate scores in Growth and Resilience, Torex Gold Resources appears poised for potential growth and value creation in the gold mining industry. Investors may find Torex Gold Resources an intriguing option when considering opportunities for long-term investment in the mining sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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